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2 years ago

You agree to sell your car to your neighbor for $5,000. you and your neighbor have provided each other:

1 answer:

4 0

<span>This type of agreement would be called a consideration. This is an agreement that provides a type of value to both parties involved and promises a certain performance by one party to the other. In this case, one thing is given for another, the money for the car.</span>

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You just founded a tech startup with an incredible ROI of 100%. That is, each dollar you invest in the firm creates a permanent

Airida [17]

I believe it’s c 20 million

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2 years ago

Baldwin, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory as of January 1, 2019 1

harkovskaia [24]

Answer:

$18,500

Explanation:

The first in first out (FIFO) inventory system assumes that It is the first purchased inventory that is the first to be sold.

Total inventory sold = 175 + 50 = 225 units

The first 50 units would be taken from the beginning inventory which costs $80. Total cost of 50 units of inventory would be $80 × 50 = $4,000

This leaves 75 units of the beginning inventory.

The 175 units sold would be taken from the remaining 75 units of the beginning inventory and the 270 units purchased

75 × $80 = $6,000

100 x $85 = $8500

Total cost of goods sold = $6,000 + $8500 + $4,000 = $18,500

I hope my answer helps you

4 0

2 years ago

Hamilton Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year,

Zigmanuir [339]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Inventory, December 31= 1,960 units at $ 6

For the current year:

Purchase, March 21= 6,200 units at $5

Purchase, August 1= 4,020 units at $3

Inventory, December 31, current year 2,980 units

We need to determine the cost of inventory using the following methods:

LIFO (last-in, first-out)

Inventory= 1,960*6 + 1,020*5= $16,860

FIFO (first-in, first-out)

Inventory= 2,980*3= $8,940

Weighted Average:

Average cost= (6 + 5 + 3)/3= 4.67

Inventory= 2,980*4.67= $13,916.6

4 0

2 years ago

Ben is assigned by his employer to improve an ultrasonic range-finding device. While working on the improvement, he recognizes t

BARSIC [14]

Answer:

1. He has not developed the idea yet

2. His employer knows he his a pacifist so he has the delima is he ethically correct to not develop a product that can be used for warfare.

Explanation:

In this scenario Ben signed an agreement with his employer that all ideas he has developed on the job and while working with the company is a property of the company.

This is a common agreement that gives a company property rights over work developed by their employees.

However since Ben is a pacifist he has an ethical dilemma when he has an idea that can weaponize an ultrasonic range-finding device.

He is justifying his decision by saying the idea has not been developed yet and his employer will not expect him to develop such technology since he is a pacifist.

7 0

2 years ago

Select the correct answer.

vovangra [49]

D. Graphic designer is the answer

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2 years ago